Williams-Sonoma (WSM) Tops Q2 EPS by 80c, Revenues Beat
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Williams-Sonoma, Inc. announces second quarter 2020 results
August 26, 2020 4:15 PM EDT
Net comparable brand revenue growth accelerates to 10.5%
GAAP operating margin of 12.4%; Non-GAAP operating margin expansion of 620bps to 13.1%
GAAP diluted EPS of $1.70; Non-GAAP diluted EPS of $1.80, growing 107%
Updates long-term financial guidance
SAN FRANCISCO--(BUSINESS WIRE)-- Williams-Sonoma, Inc. (NYSE: WSM) today announced operating results for the second fiscal quarter ended August 2, 2020 (Q2 20) versus the second fiscal quarter ended August 4, 2019 (Q2 19).
We delivered an exceptional second quarter with net comp growth of 10.5% and demand comp growth of almost 19%, operating margin expansion to nearly double that of last year,... More
